by Rami Abu-Draa | Jul 29, 2025 | Tecchnical Analysis
USDJPY managed to hold above the support of 145.70 which pushed for a rebound towards 147.20-90. As we see over the chart prices face support around 147.50 which could keep the advance wave ongoing toward 149.20 and 152.00. Below 147.50 more of a drop could hit the...
by Rami Abu-Draa | Jul 29, 2025 | Tecchnical Analysis
GBPUSD managed to hit below 1.3370 yesterday which could push the market for a further drop. As we see over the chart prices are facing resistance around 1.3410-50. If the market holds below it, more of a drop toward 1.3250 and below is expected. Above 1.3450 more...
by Rami Abu-Draa | Jul 29, 2025 | Tecchnical Analysis
The Euro moved below the 1.1550 support which could push for a further drop to test 1.1400-50 which in turn could activate another advance. Intraday resistance level is at 1.1600. Above 1.1600 more advance toward 1.1750 is likely. Below 1.1400 more of a drop toward...
by David Kindley | Jul 29, 2025 | Tecchnical Analysis
Gold held firm at the latest critical support level as bulls attempt to stabilise the price. With the greenback encouraged by the latest EU trade deal, can the Fed add more support in this week’s meeting? Timestamps: XAUUSD 00:25 DXY 01:50 Test your trading strategy...
by David Kindley | Jul 29, 2025 | Tecchnical Analysis
(S&P 500) SPX keeps on giving The(S&P 500) SPX continues to push higher as stocks rise. A close above 6300 supported the bullish trajectory, as there seems to be no signs of exhaustion. A retracement could begin if short-term buyers take profit, as the RSI...
by David Kindley | Jul 28, 2025 | Tecchnical Analysis
(WTI)USOIL tests key resistance (WTI)USOIL capitalises on the summer season, as increased demand is expected to lead to higher prices. A bounce off the critical floor of 65.00 indicates that the buy side has not given up yet. The narrowing consolidation is due for a...